Money Bag

Baseball players to make $3.5 billion this year — they should be making more


My dad was a federal government employee. For years we lived in Flint, Michigan where, back then anyway, everyone in the city worked for General Motors. Big UAW town, obviously.

His favorite part of that whole dynamic — apart from when his Toyota would get keyed in parking lots and, later, have the windows bashed in — was the difference between how government salaries were reported compared to UAW salaries. If government workers got a raise, it was always reported by the Flint Journal in the aggregate: “Government employees get $1 billion raise,” the headline would scream, along with some sidebar about how Gerald Ford was busy bankrupting the nation. If the UAW got a new contract it’d be reported by the hour, as in “Autoworkers get 50 cent raise,” with a sidebar about how crazy inflation was and how 50 cent raises didn’t get you jack squat.

I bring all of this up because you’ll see a roughly similar dynamic once this news starts to circulate, courtesy of CNBC:

Baseball been very, very good to a lot of people.

The 30 teams in Major League Baseball will collectively pay their players some $3.45 billion this year, according to data tabulated by The Associated Press . . . By way of perspective, at an average of $4.6 million, the average player would make more than 100 times the average American wage earner, based on Social Security Administration data.

Expect a lot of “those greedy players” rhetoric shortly!

Of course, absent in this report and presumably absent in the impending rhetoric is the fact that baseball as an industry brought in a record $8 billion+ last year, meaning player salaries are around 43% of revenues. Which seems high — depending on the industry, labor usually costs anywhere between 10 and 30 percent of revenues — but shouldn’t be all that surprising considering that in baseball, labor and the product being sold is one and the same. Indeed, the ballplayers and the games they play are the only reason the owners make that $8 billion. They are not a mere input to a more valuable finished product. The owners are not fabricating sheet metal before they can sell their product and stuff.

So enjoy your $3.45 billion, ballplayers. To be honest, I think you should be making more.

Royals avoid arbitration with Tim Collins for $1.475 million

Tim Collins Getty
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Left-hander Tim Collins, who missed the entire 2015 season following Tommy John elbow surgery, will remain with the Royals after avoiding arbitration for a one-year, $1.475 million contract.

Collins was a non-tender candidate due to his injury and projected salary via arbitration, but the Royals are convinced he can bounce back to be a valuable part of the bullpen again in 2016 and beyond. He agreed to the same salary he made in 2015.

Prior to blowing out his elbow Collins posted a 3.54 ERA with 220 strikeouts in 211 innings from 2011-2014 and he’s still just 26 years old. He figures to begin 2016 in a middle relief role.

Joba Chamberlain signs with the Indians

Joba Chamberlain

When you think “Joba Chamberlain” and “Cleveland” you think of the then-Yankees phenom being attacked by midges in the 2007 ALDS. If you don’t remember that somehow, the video evidence is below.

But all of that changes now, as the Indians have just announced that they have signed Chamberlain to a minor league deal with an invitation to big league spring training. That’s no promise of a big league job, but the Indians did make at least one promise to him:


I can vouch for that. The Indians’ Triple-A team is in Columbus and we don’t have midges here.

Chamberlain split time with the Royals and the Tigers in 2015, posting a composite ERA of 4.88 in 36 games of mostly mopup work.

Mariners trying to trade Mark Trumbo by Wednesday

Mark Trumbo

Seattle making Mark Trumbo available has been known for a while now, but Bob Dutton of the Tacoma News Tribune reports that the Mariners are trying to trade the first baseman/outfielder before Wednesday.

That’s the deadline to tender 2016 contracts to arbitration eligible players and with Trumbo set to make around $9 million via that process the Mariners would rather move on before any decision needs to be made. In other words: They don’t want to be stuck with him.

Trumbo has elite power, averaging 30 homers per 160 games for his career, but that power comes with a .250 batting average, poor plate discipline and a .299 on-base percentage, and sub par defense. Mariners general manager Jerry Dipoto has already traded Trumbo once, dealing him to the Diamondbacks back when he was the Angels’ general manager, and now he’s working hard to part ways again.

Ken Rosenthal of reports that the Rockies are among the interested teams.

UPDATE: Red Sox sign outfielder Chris Young to a two-year, $13 million deal

Chris Young Getty

UPDATE: Ken Rosenthal reports that Young will receive a two-year, $13 million contract from the Red Sox.

Monday, 1:47 PM: Veteran outfielder Chris Young thrived in a platoon role for the Yankees this past season and now he’s headed to the rival Red Sox to fill a similar role, signing a multi-year deal with Boston according to Ken Rosenthal of

Young was once an everyday center fielder for the Diamondbacks, making the All-Star team in 2010 at age 26, but for the past 3-4 years he’s gotten 300-350 plate appearances in a part-time role facing mostly left-handed pitching. He hit .252 with 14 homers and a .773 OPS for the Yankees, but prior to that failed to top a .700 OPS in 2013 or 2014.

Given the Red Sox’s outfield depth–Mookie Betts, Rusney Castillo, Jackie Bradley Jr., and Brock Holt even with Hanley Ramirez back in the infield–Young is unlikely to work his way into everyday playing time at age 32, but he should get another 300 or so plate appearances while also providing a veteran fallback option. And it’s possible his arrival clears the way for a trade.